Entrepreneurship and the Division of Ownership in New Ventures

dc.contributor.authorDemougin, Dominiquedeu
dc.contributor.authorFabel, Oliverdeu
dc.date.accessioned2011-03-23T09:36:07Zdeu
dc.date.available2011-03-23T09:36:07Zdeu
dc.date.issued2007deu
dc.description.abstractThe current study investigates a tripartite incentive contract between an innovator supplying an intellectual asset, a professional assigned to productive tasks, and a consulting firm specializing in matching ideas and professional skills. A rather simple pure tripartite partnership implements the consultant's expected profit maximum and maximizes the project's expected surplus. The liquidity-constrained professional is compensated by receiving a share of one half in the new venture. The consultant's and the innovator's shares reflect the relative value of search. However, the consultant's optimal search effort to find an appropriate production partner is inefficiently low.eng
dc.description.versionpublished
dc.identifier.citationPubl. in: Journal of Economics and Management Strategy 16 (2007), 1, pp. 111-128deu
dc.identifier.doi10.1111/j.1530-9134.2006.00134.x
dc.identifier.urihttp://kops.uni-konstanz.de/handle/123456789/1832
dc.language.isoengdeu
dc.legacy.dateIssued2009deu
dc.rightsterms-of-usedeu
dc.rights.urihttps://rightsstatements.org/page/InC/1.0/deu
dc.subject.ddc330deu
dc.titleEntrepreneurship and the Division of Ownership in New Ventureseng
dc.typeJOURNAL_ARTICLEdeu
dspace.entity.typePublication
kops.citation.bibtex
@article{Demougin2007Entre-1832,
  year={2007},
  doi={10.1111/j.1530-9134.2006.00134.x},
  title={Entrepreneurship and the Division of Ownership in New Ventures},
  number={1},
  volume={16},
  issn={1058-6407},
  journal={Publ. in: Journal of Economics and Management Strategy},
  pages={111--128},
  author={Demougin, Dominique and Fabel, Oliver}
}
kops.citation.iso690DEMOUGIN, Dominique, Oliver FABEL, 2007. Entrepreneurship and the Division of Ownership in New Ventures. In: Publ. in: Journal of Economics and Management Strategy. 2007, 16(1), pp. 111-128. ISSN 1058-6407. eISSN 1530-9134. Available under: doi: 10.1111/j.1530-9134.2006.00134.xdeu
kops.citation.iso690DEMOUGIN, Dominique, Oliver FABEL, 2007. Entrepreneurship and the Division of Ownership in New Ventures. In: Publ. in: Journal of Economics and Management Strategy. 2007, 16(1), pp. 111-128. ISSN 1058-6407. eISSN 1530-9134. Available under: doi: 10.1111/j.1530-9134.2006.00134.xeng
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kops.sourcefieldPubl. in: Journal of Economics and Management Strategy. 2007, <b>16</b>(1), pp. 111-128. ISSN 1058-6407. eISSN 1530-9134. Available under: doi: 10.1111/j.1530-9134.2006.00134.xdeu
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